The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, Nov. 28 (Korea Bizwire) – In a landmark decision, South Korea’s Supreme Court has upheld a lower court ruling requiring Nexon Korea to partially refund players who were affected by falsely advertised probability rates for in-game items. The Supreme Court’s Third Division rejected Nexon’s appeal on November 28, finalizing a ruling that orders the company [...]
SEOUL, Nov. 28 (Korea Bizwire) – A new report suggests the ASEAN semiconductor industry, traditionally strong in chip packaging, is poised for continued growth as global firms seek to diversify supply chains beyond China amid ongoing U.S.-China competition in the semiconductor sector. The International Trade Research Institute at the Korea International Trade Association reported on November [...]
SEOUL, Nov. 28 (Korea Bizwire) — NCSOFT Corp., a major South Korean game developer, finalized its decision to establish four new subsidiaries, including game studios, in an extraordinary meeting of shareholders, the company said Thursday. With the shareholders’ approval, the company will split off three game studios — FirstSpark Games, BigFire Games and Ludius Games [...]
SEOUL, Nov. 28 (Korea Bizwire) — Hyundai Motor Co. on Thursday introduced a new wearable robot device for industrial workers that increases working efficiency, reducing chances of musculoskeletal injuries. The company’s Robotics Lab, which is operated jointly with affiliate Kia Corp., unveiled the device, named X-ble Shoulder, at a tech day event held at Hyundai [...]
SEOUL, Nov. 28 (Korea Bizwire) — Samsung SDI Co., a battery and electronic materials manufacturing unit under Samsung Group, said Thursday it has appointed Choi Joo-sun, head of Samsung Display Co., as its new CEO as part of the group’s leadership reshuffle. Choi, 61, began his career as an engineer in a memory chip development [...]
SEOUL, Nov. 28 (Korea Bizwire) – Samsung Electronics announced the release of its Galaxy A16 LTE smartphone in South Korea on November 29, targeting budget-conscious consumers with robust features at an affordable price. The Galaxy A16 LTE boasts a 6.7-inch Super AMOLED display with a 90Hz refresh rate, a 50MP rear camera, a 13MP front camera, [...]
SEOUL, Nov. 27 (Korea Bizwire) – SK hynix Inc. on Wednesday announced plans to increase dividend payouts by 25 percent per share by 2027 as part of a broader strategy to boost corporate value amid the chipmaker’s rapid growth in the artificial intelligence (AI) chip market. As part of its new shareholder return program, the [...]
SEOUL, Nov. 27 (Korea Bizwire) – South Korea’s KT Corp. announced on Tuesday its plan to revolutionize network management by integrating artificial intelligence (AI) technology into its operational systems. The move comes as the telecommunications giant faces potential service gaps following the voluntary departure of 2,800 employees in a recent restructuring effort. KT unveiled two AI-powered [...]
SEOUL, Nov. 27 (Korea Bizwire) — South Korea’s artificial intelligence safety institute officially opened its doors Wednesday with an aim to respond to various risks associated with the fast-evolving technology, the science ministry said. The new AI Safety Institute comes as a follow-up to the AI Seoul Summit held here in May, where leaders from [...]
SEJONG, Nov. 27 (Korea Bizwire) — South Korea put forward a comprehensive package of support measures for the semiconductor industry Wednesday, with its top economic policymaker highlighting “growing headwinds” amid concerns of potential shifts in U.S. trade policy under the incoming Donald Trump administration and rising competition from Chinese rivals. “The next six months will [...]